JTL Industries Limited (BSE: 534600, NSE: JTLIND), a fast-growing dynamic steel tube manufacturing company that specializes in producing Black Steel Pipes, Pre-Galvanized and Galvanized Steel Pipes, large-diameter steel tubes and pipes, and hollow structures, announced that JTL Industries & Nabha Steels recorded highest sales volume of 1,03,193 MT. JTL Industries Ltd. Board Approves 2:1 Stock Split.
JTL has recorded its highest-ever quarterly sales volume of 103,193 MT in Q2FY25, including Nabha volumes. This marks a growth of 26.32% compared to the 81,686 MT achieved in Q2FY24, driven by strong demand for heavy structures.H1FY25 sales volume reached an unprecedented 1,99,593 MT, reflecting a robust growth of 25.49% over 1,59,028 MT in H1FY24. This growth highlights continued momentum in expanding market share and operational capacity.
Since the acquisition of Nabha Steels and Metals in April 2024, the company has shown
substantial progress. Following the successful commercialization of the first phase in June, the plant has consistently delivered robust results. In Q2FY25, Nabha Steels achieved a sales volume of 12,776 MT, up from 10,726 MT in Q1FY25. This brings the total sales volume for H1FY25 to 23,502 MT.
Commenting on the above business update, the management of the Company said: “We are pleased to share our business performance for H1 FY25. During this period, we achieved our highest-ever H1 sales volume, reaching an impressive 199,593 MT, representing a robust growth rate of 25.49% compared to 159,028 MT in H1 FY24. Nabha Steels, which we acquired in April 2024, is a significant contributor to this success. Following the successful commercialization of the first phase, Nabha Steels achieved a total sales volume of 23,502 MT in H1 FY25.